Ready Capital Statistics
Total Valuation
Ready Capital has a market cap or net worth of $1.39 billion. The enterprise value is $10.09 billion.
| Market Cap | 1.39B |
| Enterprise Value | 10.09B |
Important Dates
The next estimated earnings date is Monday, August 5, 2024, after market close.
| Earnings Date | Aug 5, 2024 |
| Ex-Dividend Date | Jun 28, 2024 |
Share Statistics
Ready Capital has 168.11 million shares outstanding. The number of shares has increased by 43.03% in one year.
| Shares Outstanding | 168.11M |
| Shares Change (YoY) | +43.03% |
| Shares Change (QoQ) | +0.42% |
| Owned by Insiders (%) | 1.00% |
| Owned by Institutions (%) | 60.41% |
| Float | 167.18M |
Valuation Ratios
The trailing PE ratio is 5.56 and the forward PE ratio is 7.35.
| PE Ratio | 5.56 |
| Forward PE | 7.35 |
| PS Ratio | 2.81 |
| Forward PS | 5.24 |
| PB Ratio | 0.58 |
| P/FCF Ratio | 18.44 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 50.95, with an EV/FCF ratio of 133.73.
| EV / Earnings | 47.17 |
| EV / Sales | 20.39 |
| EV / EBITDA | 50.95 |
| EV / EBIT | 50.95 |
| EV / FCF | 133.73 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 3.70 |
| Debt / EBITDA | 44.89 |
| Debt / FCF | 117.82 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 8.40% and return on invested capital (ROIC) is 2.14%.
| Return on Equity (ROE) | 8.40% |
| Return on Assets (ROA) | 1.70% |
| Return on Capital (ROIC) | 2.14% |
| Revenue Per Employee | $1.32M |
| Profits Per Employee | $572,273 |
| Employee Count | 374 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -23.90M |
| Effective Tax Rate | -12.57% |
Stock Price Statistics
The stock price has decreased by -26.47% in the last 52 weeks. The beta is 1.47, so Ready Capital's price volatility has been higher than the market average.
| Beta (5Y) | 1.47 |
| 52-Week Price Change | -26.47% |
| 50-Day Moving Average | 8.49 |
| 200-Day Moving Average | 9.38 |
| Relative Strength Index (RSI) | 46.54 |
| Average Volume (20 Days) | 1,400,813 |
Short Selling Information
The latest short interest is 12.36 million, so 7.35% of the outstanding shares have been sold short.
| Short Interest | 12.36M |
| Short Previous Month | 11.19M |
| Short % of Shares Out | 7.35% |
| Short % of Float | 7.39% |
| Short Ratio (days to cover) | 10.27 |
Income Statement
In the last 12 months, Ready Capital had revenue of $495.04 million and earned $214.03 million in profits. Earnings per share was $1.49.
| Revenue | 495.04M |
| Gross Profit | 495.04M |
| Operating Income | 215.26M |
| Pretax Income | 198.13M |
| Net Income | 214.03M |
| EBITDA | 198.13M |
| EBIT | 198.13M |
| Earnings Per Share (EPS) | $1.49 |
Balance Sheet
The company has $190.92 million in cash and $8.89 billion in debt, giving a net cash position of -$8.70 billion or -$51.77 per share.
| Cash & Cash Equivalents | 190.92M |
| Total Debt | 8.89B |
| Net Cash | -8.70B |
| Net Cash Per Share | -$51.77 |
| Equity (Book Value) | 2.40B |
| Book Value Per Share | 14.29 |
| Working Capital | n/a |
Cash Flow
| Operating Cash Flow | 75.49M |
| Capital Expenditures | n/a |
| Free Cash Flow | 75.49M |
| FCF Per Share | $0.44 |
Margins
Gross margin is 100.00%, with operating and profit margins of 43.48% and 43.24%.
| Gross Margin | 100.00% |
| Operating Margin | 43.48% |
| Pretax Margin | 40.02% |
| Profit Margin | 43.24% |
| EBITDA Margin | 40.02% |
| EBIT Margin | 40.02% |
| FCF Margin | 15.25% |
Dividends & Yields
This stock pays an annual dividend of $1.20, which amounts to a dividend yield of 14.49%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 14.49% |
| Dividend Growth (YoY) | -7.35% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 80.54% |
| Buyback Yield | -43.03% |
| Shareholder Yield | -28.54% |
| Earnings Yield | 15.38% |
| FCF Yield | 5.42% |
Analyst Forecast
The average price target for Ready Capital is $33.58, which is 305.56% higher than the current price. The consensus rating is "Buy".
| Price Target | $33.58 |
| Price Target Difference | 305.56% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |